you can walk out with that book. >> reporter: the bookstore business has deteriorated dramatically in recent years, as more people choose to buy their print books online from places like amazon.com. in addition, more and more people are reading their books electronically, on devices like tablets and e-readers. borders, b-dalton, and other book chains have gone out of business. but that means less competition for barnes and noble: analysts think riggio may have a viable turnaround plan ready: >> he's looking at everyone who has gone out of business and he's saying to himself, if i can add three or four more categories in these big box stores, that are consistent with the book business, i've already got all the overhead. i can close a few stores. suddenly, i've doubled my profitability. i think he's got something like that in mind. >> reporter: riggio joins a growing list of executives hoping to buy the struggling companies they founded, including michael dell of dell computer, and best buy's richard schultze. erika miller, "n.b.r.," new york.